Calculate Ltd was incorporated on 31 January 2020 with anauthorised share capital asfollows:950 000 ordinary shares (Class A)440 000 10% preference shares (Class B)The following information in re A motion was passed by the incorporators to take up the following: 200000 Ordinary shares at R1 each; and \( 4000010 \% \) Preference shares at R10 each. Incorporators paid in all monies due for the s 1 answer